The U.S. Securities and Exchange Commission (SEC) is currently reviewing 72 crypto-related exchange-traded fund (ETF) filings as of April 21, 2025. These filings include a variety of digital assets, such as XRP, Litecoin (LTC), Solana (SOL), and memecoins like Dogecoin (DOGE). The proposals also feature themed funds linked to internet culture, such as Pudgy Penguins.
Issuers are seeking approval for spot ETFs for Solana, Dogecoin, and XRP, as well as leveraged and inverse products tied to Solana and XRP derivatives. They also aim to offer options trading on new or proposed crypto ETFs, particularly those linked to Ethereum (ETH) and Bitcoin (BTC).
While the influx of altcoin and memecoin-related funds may broaden the crypto ETF landscape, Bitcoin is expected to remain dominant. Bitcoin ETFs currently account for approximately 90% of global crypto fund assets and are projected to retain 80%-85% long term.